Subsidiary Chainwin Biotech and Agrotech Sets Capital Reduction Record Date
Original: 代重要子公司Chainwin Biotech and Agrotech (Cayman Islands) Co. Ltd.公告董事長訂定減資基準日
Summary
WIN Semiconductors disclosed on behalf of its important subsidiary Chainwin Biotech and Agrotech (Cayman Islands) Co. Ltd. that the chairman has set the record date for a previously approved capital reduction. The filing formalizes the timing for returning capital to shareholders of the subsidiary; financial impact on the parent depends on the reduction ratio and accounting treatment. Full body available on MOPS.
Full Translation
On behalf of important subsidiary Chainwin Biotech and Agrotech (Cayman Islands) Co. Ltd.: Announcement that the Chairman has set the record date for the capital reduction. This relates to a capital reduction (return of capital to shareholders) at the Cayman-domiciled subsidiary, with the chairman now fixing the effective record date that determines which shareholders are entitled to the cash refund and on which the subsidiary's paid-in capital will be formally reduced. [Body not available — subject line only. See MOPS for full announcement.]